Sec. 803.
Notwithstanding any other law, a savings bank subject to the provisions of this act shall not be governed by Act No. 327 of the Public Acts of 1931, being sections 450.1 to 450.192 of the Michigan Compiled Laws.
History: 1996, Act 354, Imd. Eff. July 1, 1996
Structure Michigan Compiled Laws
Chapter 487 - Financial Institutions
Act 354 of 1996 - Savings Bank Act (487.3101 - 487.3804)
354-1996-8 - Chapter 8 General Provisions, Exemption From Taxation (487.3801...487.3804)
Section 487.3801 - Use of “Bank,”“banker,” or “banking.”
Section 487.3802 - Construction of Act.